Over 30 years of retirement, Genduso would collect as much as $37,656, according to a projection by Local Government Information Services (LGIS), which publishes Will County Gazette.
The projection assumes Genduso received $791 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Genduso will have already received $3,309 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up